The New Jersey Corporation for Advanced Technology (NJCAT) is a private/public partnership that pools the best talents and diverse resources of business and industry, entrepreneurs, university research centers, utilities and government to promote the development and commercialization of emerging innovative energy and environmental technologies.
What does NJCAT do?
NJCAT provides technology innovators with the technical, commercial, and regulatory assistance required to bring emerging innovative technologies to market. In addition to responding to the needs of innovators, NJCAT also identifies demands for new technologies and technological systems and seeks out innovators who can meet those demands.
How does NJCAT provide assistance?
NJCAT can provide assistance to technology developers in a number of ways. Essentially, NJCAT is a partnership that provides a forum linking the inventor-entrepreneur with government, industry, and research facilities to promote technology innovation, accelerate technology development and catalyze business growth.
For example, a small business that has developed a particular technology may be unable to proceed beyond the pilot stage. NJCAT could offer that business a strategic alliance with industry, thereby ensuring that the project has the resources needed to proceed to commercialization.
For research assistance, innovators may approach NJCAT to be linked with one of the state's top technology centers, such as Stevens Institute of Technology, the New Jersey Institute of Technology, Rutgers University, and Princeton University. NJCAT also may recommend to state agencies and commissions that certain key or targeted technologies be eligible for expedited permitting and/or compliance assistance.
What type of needs do these projects address?
A number of important needs are addressed by new technologies. These include:
- environmental restoration of air, land and water
- efficient generation, distribution and utilization of energy
- environmentally sound manufacturing and industrial processing
- reuse and recycling of materials and resources
How does NJCAT operate?
NJCAT is governed by a board of directors. Participants or technology developers can come to NJCAT for technical and regulatory assistance and to have promising technologies assessed for potential third party verification.
Who benefits from NJCAT programs?
NJCAT not only assists participants, but businesses and citizens benefit through a healthier economy and environment; new higher-paying, high-tech jobs; the more efficient use of research dollars; better coordination between industry, universities and government; and the availability of new technologies to address our emerging needs.
If you would like more information on NJCAT, please contact Dr. Richard S. Magee, Executive Director, at 973-879-3056 or email@example.com